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Hyundai Seeing Earnings Squeeze As Won Rises

Although the full impact of the appreciating won has probably yet to be felt, the impact on Hyundai’s quarterly earnings was evident in Q4 2012, resulting in the company missing consensus estimates. Despite growing overseas production, which provides a natural hedge against currency swings, Hyundai’s overseas competitiveness has been pressured, not Subscribe to Automotive World … Continued

Although the full impact of the appreciating won has probably yet to be felt, the impact on Hyundai’s quarterly earnings was evident in Q4 2012, resulting in the company missing consensus estimates.

Despite growing overseas production, which provides a natural hedge against currency swings, Hyundai’s overseas competitiveness has been pressured, not

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